According to CertiK, nearly $2.5 billion has been stolen through hacking incidents in the first half of 2025, surpassing total losses for the entire year of 2024.
Statistics on Hacking Incidents
CertiK's report identified 344 incidents leading to significant financial losses. The average loss per breach is $7.1 million, with a median loss of $89,000. The attacks involve various methods, including wallet compromises and phishing.
Crypto Exchange Security Under Question
Major exchanges like Bybit and Crypto.com have been prominently involved in the hacks. Bybit suffered the largest losses from a hacking incident involving Ethereum and Lido Staked Ether (stETH). Additionally, Crypto.com faced allegations from investigator ZachXBT regarding governance transparency. He stated, "Crypto.com has previously covered up a major incident, but has never made it public, and I am not allowed to disclose the details now."
Future of Cryptocurrency Security
Experts emphasize the need for ongoing improvements in security. Ronghui Gu, co-founder of CertiK, warned: "As long as there’s a weak point or some vulnerabilities out there, sooner or later they will be discovered by these attackers. So it’s an endless war." While losses dropped by 52% from Q1 to Q2 2025, security challenges remain pressing, highlighting the necessity for innovation and enhanced transparency in the industry.
The current situation in the cryptocurrency industry requires increased attention to security and transparency. Professionals and developers are working on creating more robust solutions to protect crypto assets, recognizing that the battle against cybercriminals continues.
